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Thursday, June 6, 2013

The Dow Jones and Stock Market were mixed on Thursday. Will the stock market go up or down on Friday? Keep tabs on the stock market futures which will predict the open on Friday. If you are a stock trader or investor, check out my stock picks group. We are making some big trades in there right now. Sign in and sign up.

The Dow Jones Industrial Average closed at 15041on 6/6/13, as the stock market dropped in the afternoon but rallied all the way back into the close. Shares of Zillow (Z) hit $48.50 and reversed back to $53 in late afternoon. Keep an eye on COO and THO earnings tonight. We will be watching these in the stock picks group.

Tesla (TSLA) exploded back to $99 today before pulling back. TSLA stock will have resistance between $99-$100 going forward. A break above $100 will likely take TSLA back to $105-$108. Shares of Tesla are a strong buy below $90.

The company is planning a demonstration on June 20th so stayed tuned for the latest developments. Tesla is the hottest story on Wall St and is the new Apple in some ways. Short with caution!

Apple (AAPL) stock bounced near $430 on Thursday. Apple (AAPL) will continue to have resistance up at $463 and all pullbacks are a buy with a stop at $430. A close above $463 will set up another rally back toward $480. Next week is Apple's WWDC so prepare for volatility.

Netflix (NFLX) - Netflix (NFLX) stock is now trading near $220 again. NFLX will have support around $205 per share. Also keep an eye on RSOL & RVLT which are the hottest stocks in 2013 above $2. Biggest Gainers 2013

Ecotality (ECTY) - ECOtality, Inc. (ECTY) is the top penny stock in 2013 - ECTY will have resistance at $1.99 this week.